Background*

Mr. Jeffrey R. Immelt, also known as Jeff, has been the Chief Executive Officer and President of General Electric Company since 2001. Mr. Immelt served as the Chairman and Chief Executive Officer of General Electric Capital Services, Inc. He served as the Chief Executive Officer of General Electric Capital Corporation. He joined GE in corporate marketing in 1982. He held a series of leadership positions with GE Plastics in sales, marketing and global product development. ... He served as Vice President of GE since 1989, responsible for consumer service for GE Appliances and then as a Vice President of Worldwide Marketing and Product Management for GE Appliances since 1991, Vice President and General Manager of GE Plastics Americas commercial division since 1992 and Vice President and General Manager of GE Plastics Americas since 1993. He also served as a Senior Vice President of GE and President and Chief Executive Officer of GE Medical Systems from 1996 to 2000. Mr. Immelt has been an Executive Chairman of General Electric Company (GE) since September 7, 2001. He has been the Chairman of GE India Services Holding Limited since September 2001. He has been an Executive Director of General Electric Company since 2000. Mr. Immelt serves as a Director of NBCUniversal Media, LLC and NBCUniversal, Inc. He serves as Trustee of Ronald Reagan Presidential Foundation Inc., The. He has been a Director of General Electric Capital Corporation since 1997. He also serves as a Director of Catalyst Inc. and of Robin Hood. He served as Director of The Federal Reserve Bank of New York from January 2006 to March 2011. He has been a Trustee at Dartmouth College since September 2008. He serves as a Director of Robin Hood Foundation. He served as Director of General Electric Capital Services, Inc. He serves as Member of Executive Committee at The Business Roundtable. Mr. Immelt is the chair of President Obama's Council on Jobs and Competitiveness. He is also a member of The Business Council. He was named the Financial Times "Man of the Year" for 2003. He was named one of the "World's Best CEOs" three times by Barron's. Mr. Immelt holds an MBA from Harvard University in 1982 and a BA/B.S. Degree in Applied Mathematics from Dartmouth College in 1978.

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